Interstate Hotels & Resorts announced Wednesday that it’s been acquired by New York private equity firm Kohlberg & Company LLC.
Welcome to breaking news this week: Jin Jiang and HNA Group are in a new round of acquisition; Spring Airlines enters hotel sector; Hotel marketing war begins; VAT reform triggers price increase
Major Chinese hotel operator Jin Jiang announced that it planned to buy 80% shares of Vienna Hotels Group
HNA Tourism group is buying Carlson Hotels Inc. from Carlson Hospitality group, including Carlson Hotels’ majority stake in Rezidor Hotel Group.
HNA Group has announced a definitive transaction to acquire gategroup.
Welcome to breaking news of this week: Marriott CEO published his “testimonials”; The purpose of Anbang existed the merger; The suspect involving in the Yitel incident had been arrested…
AccorHotels has announced the acquisition of onefinestay, a high-end vacation rental company specializing in luxury serviced home rentals worldwide.
Marriott reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, Inc.
Ascott Reit completes $158 million(about 218 million Singapore dollars) acquisition of Sheraton in Tribeca, golden mile of New York.
Anbang insurance refreshes the acquisition record with $6.5 billion to purchase Strategic Hotels & Resorts from the Blackstone Group.
Starwood remains atop the headlines and stock exchange advancers on Wednesday with rumors of a potential sale moving from three Chinese companies now to Hyatt Hotels Corp.
No mention of Fairmont, until now, IHG has now reportedly beaten out others vying for Fairmont, including Wyndham and Accor, and a deal will be reached within the next few weeks.
Lotte Group decided in August to simplify the overall group’s ownership structure and give some impetus to its stated plans to grow the brand globally.
The report released by China Tourism Academy indicated that most of domestic hotel groups are interest in mergers and acquisitions recently.
Yesterday, reporter learned from parties concerned that BTG Hotels released another announcement to continue the suspension.
Interstate Hotels & Resorts, Arlington, Virginia, announced it acquired the management agreements of Rim Hospitality
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